Tag Archives: infrastructure

E.ON to Invest €42 Billion in European Energy Transition, Surpasses 2023 Earnings Expectations

(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release

EIB Group Commits €359 Million to Support Slovenian Projects in 2023, Bolstering Infrastructure and Energy Sectors

(IN BRIEF) The European Investment Bank Group (EIB Group) has reported a successful year in 2023, allocating €359 million in new commitments to projects in Slovenia. These investments are aimed at boosting economic growth and preserving jobs in Slovenia and … Read the full press release

Holcim Announces Intent to List North American Business, Creating Leading Building Solutions Company

(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release

European Commission Approves Quantum Key Distribution Infrastructure for Enhanced Cybersecurity

(IN BRIEF) The European Commission has awarded a consortium led by Deutsche Telekom, named “Nostradamus,” the task of constructing testing infrastructure for quantum key distribution (QKD). This initiative will facilitate the evaluation of QKD devices from European manufacturers, a crucial … Read the full press release

Maersk Partners with Tamil Nadu Government to Boost Trade and Logistics Infrastructure

(IN BRIEF) A.P. Moller – Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu during the Tamil Nadu Global Investors Meet 2024 to explore strategic investment opportunities in land development for logistics hubs, warehousing … Read the full press release

EBRD Commits €65.9 Million to Enhance Infrastructure and Climate Resilience in Kyrgyz Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release

Europe’s Critical Infrastructure Faces Growing Threat from Extreme Rainfall Events

(IN BRIEF) Europe is experiencing a surge in extreme rainfall events, driven by climate change, leading to substantial financial consequences. Sweco’s “Expect the Unexpected: Floods and Critical Infrastructure” report highlights the urgent need for resilient urban infrastructure. It emphasizes asset-level … Read the full press release

EIB Provides €25 Million Loan to Lithuanian Municipal Water Company for Infrastructure Investment

(IN BRIEF) The European Investment Bank (EIB) has signed a €25 million loan agreement with Klaipėdos vanduo, the municipal water company in Klaipėda, Lithuania, to support its 2023-2026 investment program. The investment program aims to enhance water supply and wastewater … Read the full press release

Siemens Invests $150 Million in High-Tech Manufacturing Plant to Support U.S. Data Centers and Infrastructure

(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release

Ericsson Receives High Marks in Gartner’s 2023 Critical Capabilities Report for 5G Network Infrastructure

(IN BRIEF) Ericsson, a global leader in telecommunications technology, has achieved recognition in Gartner’s 2023 Critical Capabilities 5G Network Infrastructure for Communications Service Providers, 5G Core report. In a comprehensive analysis, Ericsson excelled in multiple use cases, securing the highest … Read the full press release

Associated British Ports (ABP) Explores Offshore Wind Infrastructure Development in Cromarty Firth

(IN BRIEF) Associated British Ports (ABP) has unveiled plans to investigate the potential development of infrastructure in the Cromarty Firth, Scotland, to support offshore wind (OSW) manufacturing, assembly, and marshalling, as well as green energy initiatives. This area, located within … Read the full press release

Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

From South to North: Construction group Webuild’s 31 Italy Projects Transform Mobility Paradigm

(IN BRIEF) Construction group Webuild is making significant strides in Italy’s infrastructure development, overseeing 31 major projects in collaboration with a network of 10,500 companies. With a dedicated workforce exceeding 16,300, these initiatives span the entire country, from North to … Read the full press release

Webuild Announces Seasoned Leader Gianni De Gennaro as Chairman of Eurolink for Sicily-Calabria Bridge Project

(IN BRIEF) Webuild has appointed Gianni De Gennaro as the chairman of Eurolink, the General Contractor responsible for constructing the Sicily-Calabria Bridge in southern Italy. De Gennaro’s selection is based on his extensive experience in both the public and private … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release

Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels

(IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and … Read the full press release

Sweco to Lead Preliminary Research on Hydrogen Routes for Fluxys Belgium’s Pipeline Network

(IN BRIEF) Infrastructure company Fluxys Belgium has partnered with Sweco to prepare its pipeline network for the transportation of hydrogen and CO2. Sweco has been assigned to conduct a feasibility study and preliminary research for multiple hydrogen routes in Ghent … Read the full press release

EnBW’s Q1 2023 adjusted EBITDA expected to be €2.8 billion, driven by sustainable generation infrastructure

(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release

TenneT signs contracts for Europe’s largest-ever tender award for energy transition infrastructure

(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release

Indra wins €12.5m contract to equip Angola’s M’Banza Congo airport with digital infrastructure and automation

(IN BRIEF) Spanish technology and consulting company Indra has won a €12.5m ($14.6m) contract to equip the new M’Banza Congo airport in Angola. Indra will supply ground and air systems, digitising infrastructure and automating processes to reduce the risk of … Read the full press release

Abertis French subsidiary Holding d’Infrastructures de Transport (HIT) successfully manages debt with €500M bond issue and interest rate hedging

(PRESS RELEASE) BARCELONA, 12-Jan-2023 — /EuropaWire/ — Abertis, the world leader in the management of toll roads and infrastructure and owned by Abertis Holdco SA, has announced that its French subsidiary Holding d’Infrastructures de Transport (HIT) has successfully placed an … Read the full press release

Vienna Stock Exchange unveils new data distribution infrastructure, 4x faster than before

(PRESS RELEASE) VIENNA, 11-Jan-2023 — /EuropaWire/ — Wiener Börse AG, the operator of the stock exchanges in Vienna and Prague, has announced the launch of its new market data distribution infrastructure. This system upgrade will enable over 270 customers to … Read the full press release

Saint-Gobain expands construction chemicals portfolio with acquisitions in Brazil and Egypt

(PRESS RELEASE) COURBEVOIE, 4-Jan-2023 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced that it has completed the acquisition of Matchem in Brazil and is in exclusive negotiations to acquire IDP … Read the full press release

KfW IPEX-Bank Focuses on Sustainability and Customer Transformation in Organizational Repositioning

(PRESS RELEASE) FRANKFURT AM MAIN, 30-Dec-2022 — /EuropaWire/ — KfW IPEX-Bank, an international project and export finance bank and a wholly owned subsidiary of KfW, a German state-owned investment and development bank, has announced that it will undergo a reorganization … Read the full press release

KfW IPEX-Bank se concentre sur la durabilité et la transformation des clients dans le repositionnement organisationnel

(COMMUNIQUÉ DE PRESSE) FRANKFURT AM MAIN, 30-Dec-2022 — /EuropaWire/ — KfW IPEX-Bank, une banque internationale de financement de projets et d’exportations et une filiale à 100% de KfW, une banque publique allemande d’investissement et de développement, a annoncé qu’elle allait … Read the full press release

Belgian Economic Mission to Japan: Hexagon and OSASI Technos partner over next-generation disaster management and monitoring solutions

OSASI’s advanced on-site sensors and monitoring solutions will be combined with the real-time situational awareness and location intelligence capabilities of Hexagon’s Luciad Portfolio (PRESS RELEASE) TOKYO, 2-Dec-2022 — /EuropaWire/ — Hexagon (Nasdaq Stockholm: HEXA B), a global leader in digital … Read the full press release

Construction and civil engineering group Webuild again among the top global contractors within the water sector according to the latest industry rankings by U.S. trade magazine Engineering News-Record (ENR)

(PRESS RELEASE) MILAN, 29-Aug-2022 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced that the group is returning to the top of 2022 industry rankings of the top global … Read the full press release

Der Hoch- und Tiefbaukonzern Webuild gehört laut dem neuesten Branchenranking des US-Fachmagazins Engineering News-Record (ENR) erneut zu den weltweit führenden Bauunternehmen im Wassersektor

(PRESSEMITTEILUNG) MILAN, 29-Aug-2022 — /EuropaWire/ — Webuild, eine auf Hoch- und Tiefbau spezialisierte italienische Industriegruppe, ehemals Salini Impregilo hat angekündigt, dass die Gruppe laut der neuesten Veröffentlichung von Engineering News-Record (ENR), einem einflussreichen US-Fachmagazin, an die Spitze der Branchenrangliste 2022 … Read the full press release

Swedish-Finnish engineering firm AFRY to provide Engineering, Procurement and Construction Management (EPCM) services for the development of the Araguaia ferronickel project in Brazil

(PRESS RELEASE) SOLNA, Sweden, 23-Mar-2022 — /EuropaWire/ — AFRY (STO: AF-B), Swedish-Finnish engineering, consulting and design company active in energy, industry, infrastructure and IT, has announced it has been awarded the Engineering, Procurement and Construction Management (EPCM) contract for the … Read the full press release

Cossi Costruzioni, part of the Italian Webuild Group, to work on motorway maintenance, safety and acoustic barriers projects as part of contracts the company won in Italy

(PRESS RELEASE) MILAN, 17-Mar-2022 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced that its subsidiary Cossi Costruzioni, a construction company with focus on infrastructure projects, will perform extraordinary … Read the full press release

Alex Greenbaum to lead the new EQT Active Core Infrastructure Advisory Team in North America

(PRESS RELEASE) STOCKHOLM, 2-Mar-2022 — /EuropaWire/ — EQT, a purpose-driven global investment organization, has announced the appointment of Alex Greenbaum as a Partner in the new EQT Active Core Infrastructure Advisory Team in North America, based in New York, in … Read the full press release

Quasi 30 fornitori di servizi cloud europei hanno accettato di rendere i loro servizi cloud conformi a Gaia-X

(COMUNICATO STAMPA) BONN, 18-Feb-2022 — /EuropaWire/ — Deutsche Telekom (ETR: DTE), una delle principali società di telecomunicazioni integrate del mondo e il più grande fornitore di telecomunicazioni in Europa per fatturato, ha annunciato che 28 fornitori di servizi cloud europei, … Read the full press release

Nearly 30 European cloud providers have agreed to make their cloud services Gaia-X compliant

(PRESS RELEASE) BONN, 18-Feb-2022 — /EuropaWire/ — Deutsche Telekom (ETR: DTE), one of the world’s leading integrated telecommunications companies and the largest telecommunications provider in Europe by revenue, has announced that 28 European cloud providers, including Deutsche Telekom, have launched … Read the full press release

Webuild completes the installation of the Buttaceto Viaduct on the Bicocca-Catenanuova section part of the Palermo-Catania rail line

(PRESS RELEASE) BICOCCA-BUTTACETO, Italy, 2-Feb-2022 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced the completion of the installation of the the Buttaceto Viaduct, an imposing metal structure that … Read the full press release

Webuild achève l’installation du viaduc de Buttaceto sur le tronçon Bicocca-Catenanuova de la ligne ferroviaire Palerme-Catane

(COMMUNIQUÉ DE PRESSE) BICOCCA-BUTTACETO, Italy, 2-Feb-2022 — /EuropaWire/ — Webuild, groupe industriel italien spécialisé dans la construction et le génie civil, anciennement Salini Impregilo, a annoncé l’achèvement de l’installation du viaduc de Buttaceto, une imposante structure métallique qui permettra aux … Read the full press release

Snam Group to build hydrogen-ready fuel cell system at the Torino Airport

Another Torino Green Airport project gets under way (PRESS RELEASE) SAN DONATO MILANESE / CASELLE TORINESE, 29-Dec-2021 — /EuropaWire/ — Snam Group (BIT: SRG), one of the world’s leading energy infrastructure companies, has announced that its subsidiary Renovit,  specialized in … Read the full press release

Webuild lands €2.1 billion contract for the North East Link PPP Primary Package in Melbourne, Australia as part of Spark consortium

(PRESS RELEASE) MILAN, 28-Oct-2021 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced that the company expands its presence in Australia and PPP projects as new orders reach €10.6 … Read the full press release

Holcim: With 3 billion people expected to lack access to adequate housing by 2030, we are committed to putting our business to work to uplift our communities

Focus on bridging the world’s gap in affordable housing and infrastructure Continued commitment to improve livelihoods and uphold highest standards of human rights Strategy to create CHF 500m in social value by 2030 (PRESS RELEASE) ZUG, 22-Oct-2021 — /EuropaWire/ — … Read the full press release

TÜV Rheinland enters strategic partnership with Technip Energies

This alliance will enable both parties to expand their Project Management Consultancy as well as project controls and supervision capabilities into new market opportunities to create high-value services for clients. (PRESS RELEASE) COLOGNE, 19-Oct-2021 — /EuropaWire/ — TÜV Rheinland, one … Read the full press release